Sinopec continues share repurchases in november

China Petroleum & Chemical Corporation (Sinopec) reported share repurchases for cancellation on November 14, 2025, across its H and A share classes. For H-shares, the company repurchased 6,740,000 shares on the Hong Kong Stock Exchange at prices ranging from HK$4.40 to HK$4.45, with a total aggregate cost of HK$29,821,130. These repurchases contribute to a total of 145,538,000 H-shares repurchased under the current mandate, representing 0.12% of the issued H-shares.

Additionally, Sinopec repurchased 2,300,000 A-shares on the Shanghai Stock Exchange, with prices between yuan 5.69 and yuan 5.73, totaling yuan 13,131,915. The repurchased shares for both classes are intended for cancellation. As of November 14, 2025, the total issued H-shares remain at 23,945,350,600 and A-shares at 97,232,263,098.

The repurchases were made in accordance with the Main Board Rules, with the H-share repurchase mandate authorized on May 28, 2025. The company confirms that no new shares will be issued, or treasury shares sold or transferred, until December 14, 2025, adhering to the 30-day moratorium period after share repurchases.